Another Shariah Bank Opens in Oman

SFW readers may have noticed more than a few articles covering Oman in recent months. That’s because Oman has clearly been targeted by the financial jihadis to make its financial and banking systems Shariah-compliant.

Oman, along with Morocco, is a comparative newcomer to Shariah compliance, but it is making up for it…

Marking a milestone in the sixth year of Bank Sohar’s operations in the sultanate, the bank officially opened the first dedicated branch in Falaj al Qabail, Sohar, for its Islamic banking window – Sohar Islamic – coinciding with the start of the holy month of Ramadan.